Back 18/125 Albatross Avenue
Off Market

18/125 Albatross Avenue

Mermaid Beach QLD 4218

3
2
1
146 m²
Apartment
Last sold for $2,643,000
Tolemy StevensTolemy Stevens, last sold this property on 27 April 2024 after 23 days on market.

Overview

UNDER CONTRACT BY TOLEMY STEVENS

SOLD BY TOLEMY STEVENS This property was sold at auction by The Tolemy Stevens Team Method of Sale: Sold at Auction Marketing Campaign: Social, Press and Digital Campaign Inspections: 59 Enquiries: 42 Days on Market: 28 Wake to the soothing sound of waves and cool ocean breezes, enjoy relaxed mornings, lazy afternoons, and the night lights of the skyline on your own private oceanfront balcony. Step out onto the sands of the pristine stretch of coastline, with the patrolled beach at your doorstep ensuring peace of mind for the whole family - this is what beachfront living is all about! Positioned in one of the most prestigious streets in the country, Albatross Ave, a boutique building of only 21 residences set on a massive 2,059m2 blue chip absolute beachfront land, welcome to "Albatross North". In the last 7 years only one 3 bedroom has been available for sale. Apartment 18 on the 6th floor, is one of only seven apartments that boasts the most forward beachfront position within the building, boasting uninterrupted ocean views both up and down the coastline never to be built out. Currently presented as an attractive "luxury Airbnb" rental where the seller enjoys extremely attractive returns, this rental can be passed onto the new owner, otherwise vacant possession can be offered on settlement. With 5-star reviews and super host status this apartment has returned $121k in 15 months with the current owner also enjoying the unit as well during this period. There's plenty of potential for a greater return or to keep as is and enjoy. Apartment features: • 167m2 of absolute beachfront living • Spacious 3 bedrooms all with ocean views, 2 bathrooms • Fully renovated, not a cent to spend • 6th floor, Connected to the sand, Relaxed Beach-House feel • Large open plan living, dining and entertaining areas • Fully equipped Gourmet kitchen, Miele appliances, coffee machine • Fully furnished and styled with quality designer furniture • 3 generous balconies - Watch sunrise to sunset • Sea breezes flow through from front to back, light and bright apartment • East balcony - Ocean views of the whole coastline from Coolangatta to Sth Stradbroke Island • West Balcony - Skyline, hinterland, and glorious sunset views • Large frontage to the ocean - 3 directional panoramic views • 1 car space plus storage cage on title • Fully air-conditioned • Set on a massive 2,059m2 of prime beachfront land • 1 of only 21 owners, boutique building, 7 floors in total • Rare corner position, set at the start of Hedges Avenue, end of Albatross Ave • Communal heated outdoor beachfront pool and BBQ area • Short stroll to world class shopping and dining precincts This is truly the ultimate position for a luxury holiday home, returning investment, private residence, or strategic land hold, either way the choice is yours. Situated in the sought-after Albatross Avenue enclave, 150m from BSKT café and 300m from the bustling Nobby Beach restaurants, shops, and necessary amenities - all accessible on foot, it's also just 15.5km from Gold Coast Airport and minutes from the delights of Pacific Fair shopping centre, The Star Casino, Broadbeach Convention Centre and more. This is a prized lifestyle many covet, and few achieve. Experience this pinnacle of low maintenance, absolute beachfront luxury for yourself that epitomises the ultimate beachfront sanctuary. Private Auction: Saturday 27th April at 1.00pm, On-Site Exclusively Listed by Tolemy Stevens of Coastal - Luxury Beachfront Specialist. www.tolemystevens.com.au Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Disclaimer: This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

3 bedrooms
2 bathrooms
1 carspace
146 m² floor area
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Mermaid Beach over the last 12 months, the estimated median property value of 18/125 Albatross Avenue is $1.7m.

Median value
$1.7m
Estimated value range
$977.56k - $8m
Median days on market
42
Estimated value trend
-40%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Mermaid Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 18/125 Albatross Avenue

2024
Sold
$2,643,000
Auction Sale on 27 Apr 2024 by Tolemy Stevens, of Coastal Broadbeach
2016
Sold
Undisclosed
10 Mar 2016 by Jordan Williams, of JW. Prestige Agents

Happy sellers in Mermaid Beach

87%
87% of sellers in Mermaid Beach reported that their sale price either exceeded or met their price expectations.

Mermaid Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 55 reviews in Mermaid Beach over the last 12 months.

Local market activity for 3 bedroom apartments in Mermaid Beach

In the last 12 months, 32 three-bedroom apartments similar to 18/125 Albatross Avenue, have been sold.

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